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Crude Oil Prices India: West Asia crisis: India’s wholesale inflation jumps to 8.3% in April as fuel, crude oil prices surge

India’s wholesale price inflation accelerated sharply to 8.30 per cent in April from 3.88 per cent in March, driven mainly by a steep rise in fuel, power and crude oil prices amid the ongoing West Asia crisis, according to government data released on Wednesday.Data released by the ministry of commerce and industry showed that inflation...
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Senators introduce ban on lawmakers becoming lobbyists

Sen. Rick Scott, R-Fla., talks reporters outside the Senate Armed Services Committee hearing on “Low-Cost Munitions,” in Dirksen building on Tuesday, March 24, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Congress members would be permanently banned from becoming lobbyists after they leave office under a new bipartisan bill, first reported by CNBC....
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Iran war fallout forces Singapore Airlines-backed Air India to cancel 27% of international flights

Air India Boeing 787 Dreamliner aircraft with registration letters VT-ANB flies over Tokyo, Japan, April 27, 2025 in this picture obtained from social media. Koki Takagi | Via Reuters Singapore Airlines-backed Air India will substantially cut international flights during the peak June to August travel period, as the Iran war-led airspace restrictions and record-high jet...

Arresting rupee’s fall: India eyes cut in taxes on bond investments by foreigners – here’s how it may help

The proposal was suggested by the Reserve Bank of India and is currently under active consideration by the Finance Ministry. Looking to tackle foreign outflows and preserve forex, the government is weighing a major cut in the tax burden imposed on foreign investors investing in domestic bonds. Policymakers are looking to bring the country’s framework...
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‘Trump asked me to come’

Nvidia CEO Jensen Huang said that U.S. President Donald Trump “asked me to come” to the China summit in Beijing, when asked by reporters about his trip. Huang was a later addition to the high-stakes trip on Tuesday, after his name was noticably absent from a list of executives making the trip, shared by a...
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